With the advent of the National Standards for the Physical Inspection of Real Estate (NSPIRE), maintaining HUD-insured properties has become more rigorous and structured. Property managers must adapt to these changes to ensure compliance and achieve high inspection scores. Developing an effective maintenance plan is crucial to navigating the NSPIRE landscape. This guide will help […]
Navigating Repairs During a REAC Inspection
A common query among property managers and owners is the extent of repairs permissible during a Real Estate Assessment Center (REAC) inspection. The guidelines set by HUD do permit certain immediate corrective actions during the inspection process, such as replacing light bulbs to demonstrate the functionality of light fixtures. Additionally, inspectors are expected to allow […]
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